Statutes, codes, and regulations
Arkansas Code of 1987
Title 23 - PUBLIC UTILITIES AND REGULATED INDUSTRIESSubtitle 2 - FINANCIAL INSTITUTIONS AND SECURITIESChapter 32 - GENERAL PROVISIONS
Subchapter 5 - AGENCY DESIGNATION ON CERTIFICATES OF DEPOSIT
Section 23-32-505 - Payment to designated agent

Ark. Code § 23-32-505

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Current with legislation from 2024 Fiscal and Special Sessions.
Section 23-32-505 - Payment to designated agent

On request of an agent under an agency designation for an account, a financial institution may, unless it actually knows that the authority of agency has terminated, pay to the agent sums on deposit in the account.

Ark. Code § 23-32-505

Acts 1997, No. 85, § 5.